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Key Details
Sold Price $507,950
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,425 sqft
Price per Sqft $209
Subdivision Belleair Highlands
MLS Listing ID U8186740
Bedrooms 7
Year Built 1928
Lot Size 10,890 Sqft
New Construction false
Property Description
Under contract-accepting backup offers. Buyers lost the opportunity to purchase this one-of-a-kind investment income producing property due to their inability to produce an approval of their loan. This property offers 3 detached buildings with a total of 4 units, consisting of 2 - 1/1 units in one building, a 2/1 detached building, and a 3/1 detached building. Plenty of parking for all tenants off the street. Located just minutes to downtown Clearwater, Belleair and the beaches hospital and shopping. The 2 - 1/1 units have been completely remodeled, the 2/1 is going through a complete remodeling. and the 3/1 is in ok condition.
This property has a high rental income potential for the new owner. There is plenty of value-add to this property making it more appealing to the future owners.
All units are vacant, making it feasible to the new owner to come in and start their updates and or repairs right away without going through the process of eviction process. While the 2 1/1 units are completely updated, these can be rented right away while finishing the work on the other 2 buildings.
CAP RATE of 6.5%, call today to schedule your showing before it is gone.
Location
State FL
County Pinellas
Community Belleair Highlands
Zoning MDR
Interior
Heating Central, Wall Units / Window Unit
Cooling Central Air
Flooring Tile
Laundry Laundry Room, Outside
Exterior
Exterior Feature Fence, Storage
Parking Features Off Street
Utilities Available Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities, Water Connected
View City
Roof Type Shingle
Building
Lot Description Corner Lot, City Limits, Paved
Foundation Crawlspace, Slab
Sewer Public Sewer
Water Public
Structure Type Wood Frame, Wood Siding
New Construction false
Schools
Elementary Schools Belleair Elementary-Pn
Middle Schools Largo Middle-Pn
High Schools Largo High-Pn
Others
Acceptable Financing Cash, Conventional, Special Funding
Listing Terms Cash, Conventional, Special Funding
Special Listing Condition None
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with BLUMAR REALTY INC.